Invesco MSCI USA ETF (BATS:PBUS) Hits New 1-Year High at $54.49

Posted by Nicole Kennedy on Jul 29th, 2024

Invesco MSCI USA ETF (BATS:PBUS – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $54.49 and last traded at $54.47, with a volume of 6722 shares changing hands. The stock had previously closed at $54.46.

Invesco MSCI USA ETF Stock Up 0.0 %

The stock has a market cap of $4.88 billion, a price-to-earnings ratio of 26.67 and a beta of 1.02. The stock’s fifty day moving average is $54.30 and its 200-day moving average is $51.94.

Invesco MSCI USA ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a dividend of $0.1743 per share. The ex-dividend date of this dividend was Monday, June 24th. This is a boost from Invesco MSCI USA ETF’s previous dividend of $0.17.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC bought a new position in Invesco MSCI USA ETF in the fourth quarter valued at approximately $107,000. Altus Wealth Group LLC bought a new position in Invesco MSCI USA ETF in the fourth quarter valued at approximately $212,000. BNP Paribas Financial Markets bought a new position in Invesco MSCI USA ETF in the first quarter valued at approximately $566,000. Axxcess Wealth Management LLC lifted its stake in Invesco MSCI USA ETF by 6.9% in the first quarter. Axxcess Wealth Management LLC now owns 348,341 shares of the company’s stock valued at $18,260,000 after buying an additional 22,626 shares in the last quarter. Finally, Capital Asset Advisory Services LLC lifted its stake in Invesco MSCI USA ETF by 7.3% in the first quarter. Capital Asset Advisory Services LLC now owns 349,513 shares of the company’s stock valued at $18,157,000 after buying an additional 23,798 shares in the last quarter.

Invesco MSCI USA ETF Company Profile

(Get Free Report)

The Invesco PureBeta MSCI USA ETF (PBUS) is an exchange-traded fund that is based on the MSCI USA index. The fund tracks a market-cap-selected and -weighted index of mid and large-cap US stocks. PBUS was launched on Sep 22, 2017 and is managed by Invesco.